SYKKELVERKET AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

80 %

Current Ratio

0,13

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	525 000	791 000	218 000
Net Income	−172 000	−17 000	−25 000
Total Assets	31 000	41 000	45 000
Total Equity	−215 000	−42 000	−25 000

Income (NOK)	2022	2021	2020
Revenue	525 000	791 000	218 000
Expenditure	685 000	807 000	244 000
Operating Profit	−161 000	−16 000	−25 000
Financial Income	1 000	0	0
Financial Costs	13 000	1 000	0
Financial Balance	−12 000	−1 000	0
Earnings Before Tax	−172 000	−17 000	−25 000
Tax	0	0	0
Net Income	−172 000	−17 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	31 000	41 000	45 000	0
Total Assets	31 000	41 000	45 000	0
Total Retained Equity	−245 000	−72 000	−55 000	−30 000
Total Equity	−215 000	−42 000	−25 000	0
Total Long-Term Debt	0	0	0	0
Total Current Debt	246 000	83 000	70 000	0
Total Equity and Debt	31 000	41 000	45 000	0

Cash flow (NOK)	2022	2021	2020
Sales Income	525 000	791 000	218 000
Other Income	0	0	0
Revenue	525 000	791 000	218 000
Cost of Goods Sold	190 000	178 000	33 000
Salary Costs	251 000	354 000	175 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	685 000	807 000	244 000
Operating Profit	−161 000	−16 000	−25 000
Financial Income	1 000	0	0
Financial Costs	13 000	1 000	0
Financial Balance	−12 000	−1 000	0
Dividends	0	0	0
Net Income	−172 000	−17 000	−25 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 000	16 000	29 000
Total Current Assets	31 000	41 000	45 000
Total Assets	31 000	41 000	45 000
Total Equity	−215 000	−42 000	−25 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	40 000	13 000	6 000
Unpaid Taxes	0	10 000	45 000
Dividends	0	0	0
Other Current Debt	57 000	60 000	19 000
Total Current Debt	246 000	83 000	70 000
Total Equity and Debt	31 000	41 000	45 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80 %	40,48 %	100 %	-
Debt-to-Equity Ratio	−0	−0	−0	-
Operating Profit Margin	−30,67 %	−2,02 %	−11,47 %	-
Current Ratio	0,13	0,49	0,64	-
Quick Ratio	0,13	0,49	0,64	-
Equity Ratio	−6,94	−1,02	−0,56	-
Gross Profit Margin	63,81 %	77,5 %	84,86 %	-